Are you an investor in First Capital Real Estate Trust, Incorporated f/k/a United Realty Capital Trust?

On February 16, 2017, Blau & Malmfeldt announced an investigation of First Capital Real Estate Trust, Incorporated f/k/a United Realty Capital Trust. It appears that First Capital REIT's officers and board members may have breached fiduciary duties owed to the REIT and to its stockholders.

First Capital REIT has failed to file an annual or quarterly report with the Securities and Exchange Commission since the period ending June 30, 2015. Since this time, there have been numerous departures of REIT board members and officers.

On February 15, 2017, the REIT filed a report with the SEC indicating that it received a notice of default on a mortgage loan with an outstanding balance of over $42 million. The REIT's inability to service this loan indicates that it is facing serious financial difficulties and that the REIT's investors may have suffered signficant losses.

Please contact our law firm for a free consultation.

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